OpenCongress Blog

Blog Feed Comments Feed More RSS Feeds

Senate Votes To Raise Federal Debt Limit

January 28, 2010 - by Eric Naing

After a rocky and lengthy process, the Senate today finally voted to raise the federal debt limit to $14.4 trillion, essentially avoiding a scenario where the government defaults on its debt.

The $1.9 trillion increase (H.J.Res.45) passed on a party-line 60-39 vote after months of debate and negotiation. The House passed the bill last year, so it now heads to the president’s desk where it will be signed.

As part of a deal worked out by Senate Democrats to appease budget hawks wary of voting for such a bill, amendments creating “pay-as-you-go” rules and a bipartisan deficit reduction commission were voted on.

The paygo amendment, which requires future legislation passed by Congress to be deficit-neutral either through increased revenue or decreased spending, passed in a 60-40 vote. The House passed its own paygo bill last year (H.R.2920). In a 53-46 vote, the deficit commission amendment failed to get the 60 votes needed for passage. However, President Obama announced in yesterday’s State of the Union that he would use an executive order to create his own deficit reduction commission.

These increases to the limit are a yearly occurrence. In fact, many of the Republicans who railed against this bill voted to raise the debt limit by more than $6.4 trillion under President Bush. One significant difference, however, is that Democrats did not require 60 votes to increase the limit when they were in the minority.

The passage of this bill will come as a major relief to Congressional Democrats as the issue will not have to be revisited until after this year’s midterm elections in November.

Like this post? Stay in touch by following us on Twitter, joining us on Facebook, or by Subscribing with RSS.


scottyhartman 01/28/2010 9:59am

Senate Votes To Raise Federal Debt Limit – What ever happened to Fiscal responsibility, and accountability! The Senate needs to cut spending programs alway approved, not raise the debt ceiling to new heights. There is an election coming, but will there be a Country left by then.

Moderated Comment

becauseican 11/09/2011 2:19am

Thank you for the posts. I found the information to be informative and useful.
roof repairs moraga california

Spam Comment

becauseican 02/08/2012 12:12pm

Thank you for the posts. I found the information to be informative and useful.
roof repair manteca

Spam Comment

becauseican 10/19/2011 3:49am

Funny how times have changed….the majority-led Senate and House both approved the debt-limit ceiling at that time…but, now with the Republican-led House, wasn’t so easy this past summer…good thing, they need to stop giving a blank check to the government !!
roof repairs folsom

Due to the archiving of this blog, comment posting has been disabled.